10 February 2021
W Resources Plc
("W" or the "Company")
Directorate Change
W Resources Plc (AIM:WRES), the tungsten, tin and gold mining company with assets in Spain and Portugal, announces that Non-Executive Director, Oscar Marin Garcia will step down from the Board on 12 February 2021 to focus on increased commitments in his business.
The search for a new Non-Executive Director is underway and will be announced following the completion of relevant regulatory approvals.
Mr Michael Masterman, Chairman of W, commented: "Oscar has been an outstanding Non-executive Director contributing to the growth of strategic relations with key stakeholders in Spain and in particular the Extremadura region. Oscar will be missed on the Board and I wish him all the best in his future endeavours."
Oscar Marin Garcia, commented: "Whilst my current commitments mean I am unable to remain on the Board of Directors, I remain a strong advocate of W Resources and its operations in Spain and I intend to retain my beneficial shareholding in the Company."
Information communicated within this announcement is deemed to constitute inside information as stipulated under the UK Market Abuse Regulation. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Enquiries:
| W Resources Plc Paul Hailes, CFO | Grant Thornton UK LLP Colin Aaronson / Seamus Fricker T: +44 (0) 20 7383 5100 |
| Joint Broker Turner Pope Investments (TPI) Ltd Andy Thacker / Zoe Alexander T: +44 (0) 203 657 0050 | Joint Broker Alternative Resource Capital / Shard Capital Alex Wood T:+44 (0) 20 7186 9004 Damon Heath T:+44 (0) 20 7186 9952 |
| Alma PR Justine James T: +44 (0) 20 3405 0205 M: +44 (0) 7525 324431 |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
